The New CEO Is Out. Is This the End for Peloton?
If you didn't think things could any worse for Peloton Interactive (NASDAQ: PTON), they just did. It provided a bombshell update on Thursday for investors, with the prime detail that CEO Barry McCarthy, who's been at the helm for just over two years, was leaving the company.
Just around the time McCarthy took over, there were rumors about it being a possible acquisition target from Amazon and others. With McCarthy out, is that the next step? Let's see what's happening at Peloton.
Source Fool.com
Peloton Interactive Inc. Stock
€2.97
-3.480%
Our community is currently high on Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
Based on the current price of 2.97 € the target price of 7 € shows a potential of 136.05% for Peloton Interactive Inc. which would more than double the current price.
